Gradient Investments senior portfolio manager Keith Gangl highlighted The TJX Companies as one of his top stock picks for 2026, citing the off-price retailer’s proven ability to grow market share during both expansionary and constrained consumer environments. Gangl pointed to TJX’s track record of delivering comparable-store sales growth of 4.5% over the past four quarters and its plan to open more than 150 new stores across North America and Europe by the end of 2026. He also noted that management has increased its operating margin target to a range of 10.5%–11% through a combination of higher full-price merchandise allocation and improved supply chain efficiencies.

The TJX Companies delivered a string of better-than-expected quarterly earnings last year, helping the stock rise 27.2% over the 12-month period. In its most recent report, TJX posted net sales of $14.3 billion, up 6.1% year-over-year, and non-GAAP earnings per share of $1.09, representing a 15% increase versus the prior-year quarter. The company also raised its full-year earnings guidance by $0.10 per share, attributing the upgrade to sustained inventory turns and favorable freight costs. Investors have rewarded TJX’s disciplined inventory management and diversified sourcing strategy, which have helped it navigate both inflationary pressures and shifting consumer preferences.